Somnior Beds Ltd

Somnior Beds Ltd, based in Batley, UK, is a small, holding company with an active status. Founded fifteen years ago in 2009, the company employs fifty-two people and holds assets valued at £1,638,670. It has a real registered address, a single director, and one owner, and currently holds a 3.0 rating from eighty-eight Google reviews. The company regularly imports iron or steel products, with five months of import activity recorded.

Somnior Beds Ltd operates as a bed and mattress manufacturer, supplying products to retailers, wholesalers, hotels, and residential homes. Its website highlights a focus on handmade beds and mattresses crafted using traditional methods and sourced from within the UK. The company emphasizes quality, Sedex accreditation, and a commitment to supporting local businesses. It even offers an aftercare service. The website is well-designed and provides a clear picture of the company's operations, including a factory tour and customer testimonials.

Financially, Somnior Beds Ltd presents a mixed picture. While current assets remained steady at £1,600,000, net assets decreased by 5.1% to £990,000. Bank cash fell 6.4% to £1,100,000, and trade debtors increased by 23% to £440,000. Creditors also rose, both within and after one year, suggesting a need to manage debt. Depreciation on plant machinery increased by 29%, and additions to plant machinery remained constant at £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited.

Overall, Somnior Beds Ltd appears to be a stable, albeit somewhat pressured, business. Its focus on quality and local sourcing, combined with a well-presented online presence, should help it maintain its position in the competitive bed and mattress market.

Registered in England/Wales under the registration number 07079315, with a registered address at WF17 8BB, England, Batley, Unit 1 Lea Mills, Lea Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.